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Center for Business and Economic Research News

Current Business and Economic Research News

A portrait of Jaewon Lim, an associate professor of public policy.
Campus News |

51ԹϺ's School of Public Policy and Leadership offers courses in data visualization that are helping to create a workforce pipeline.

Students pass by Lied Library as they walk campus on the first day of Fall 2024 semester classes
Campus News |

A collection of news highlights featuring students and faculty.

collage of five photos with scenes of Morocco
People |

From the desert to the mountains to the market, Honors College student Allister Dias explores Morocco as part of Lee Business School's Global Entrepreneurship Experience.

archival image of four men posing in graduation regalia
51ԹϺ History |

The former student body president and longtime donor passes away, 60 years after 51ԹϺ's first commencement. 

Spring Flowers (Becca Schwartz)
Campus News |

A roundup of the top news stories featuring 51ԹϺ students and faculty.

a 51ԹϺ football helmet placed on the turf with an Allegiant Stadium sign and empty bleachers visible in the background
Campus News |

As the nation's most-watched sports entertainment event rolls into town, 51ԹϺ researchers are available to provide expertise.

Business and Economic Research In The News

Las Vegas Review Journal

Joseph Dutra remembers the sticker shock he saw for the price of cocoa beans. As the manufacturer of Kimmie Candy in Reno, Dutra’s business purchases chocolate ingredients one year in advance. Cocoa beans from Africa – also feeling the effects of inflation – cost roughly $3,000 per metric ton in 2023. In April, the market was up to $12,000, before more recently settling around $7,000.

Nevada Independent

When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.

Nevada Independent

When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.

KLAS-TV: 8 News Now

If you’re thinking about going up to Mt. Charleston to cut your own Christmas tree, think again. It’s illegal. And if you think everyone knows that, keep in mind that an estimated 115 people move to Clark County every day. That’s according to 51ԹϺ’s Center for Business and Economic Research.

Las Vegas Review Journal

A cup of coffee will likely run you 21 percent more now than it did before the pandemic, according to new data provided by 51ԹϺ.

PBS

Longtime Nevada politician Shelley Berkley is about to become the next mayor of the City of Las Vegas. She discusses the biggest issues she wants to address once in office and her goals for the city. Then, we go to the 51ԹϺ Center for Business and Economic Research Economic Forecast, where experts share their outlook for what we might see in Southern Nevada going forward.

Business and Economic Research Experts

An accomplished economist, professor, and administrator in the fields of business and economic research.
An expert in public policy, business, and economics.

Recent Business and Economic Research Accomplishments

Stephen M. Miller (Economics and Center for Business and Economic Research) and Yevgeniy Teryoshin (Economics) had a paper published by Economics Letters titled "Income Inequality and Monetary Policy Regimes.” This paper reconsiders the possible effects of monetary policy on income inequality to determine whether monetary policy can indirectly…
Stephen M. Miller (Economics; Center for Business and Economic Research) presented the outlook for the Southern Nevada economy to the Las Vegas Asian Chamber of Commerce on Thursday, Oct. 26 at the Gold Coast Hotel and Casino. The presentation was followed by a Q&A.
Stephen M. Miller (Economics; Center for Business and Economic Research) published “Estimating U.S. housing price network connectedness: Evidence from dynamic Elastic Net, Lasso, and ridge vector autoregressive models" in the International Review of Economics and Finance with David Gabauer, Academy of Data Science in Finance, Vienna, Austria and…
Andrew Woods, Stephen Miller, Jinju Lee, graduate student John Magee, and graduate student Zahra Moradpour (all Center for Business and Economic Research) recently won the 2022 Award of Excellence in Print Publications for the center's Population Forecast 2020-2060 from the Association for University Business and Economic Research (AUBER).…
Stephen M. Miller (Center for Business and Economic Research, Economics) published an article, “Does real interest rate parity really work? Historical evidence from a discrete wavelet perspective,’ with Mahdi Ghaemi Asl, Kharazmi University; Giorgio Canarella, California State University Los Angeles; and Hamid Reza Tavakkoli, Imam Sadiq University…
Stephen M. Miller (Business and Economic Research) and Heni Boubaker, Institute of High Commercial Studies (IHEC) of Sousse, Giorgio Canarella, (emeritus) University of California, Los Angeles, and Rangan Gupta, University of Pretoria, published: "A Hybrid ARFIMA Wavelet Artificial Neural Network Model for DJIA Index Forecasting" in Computational…